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/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES/

TORONTO, April 14, 2016 /CNW/ - Corus EntertainmentInc. (TSX: CJR.B) announced today that it has determined the redemption price for its outstanding C$550 million principal amount of 4.25% senior unsecured guaranteed notes due 2020 (the "2020 Notes") in accordance with the terms of the indenture governing the 2020 Notes. As previously announced, the redemption date for the 2020 Notes is April 18, 2016 (the "Redemption Date").

The redemption price per C$1,000 principal amount of the 2020 Notes is C$1,095.751 plus accrued interest to, but excluding, the Redemption Date of C$7.780.